Plan Ledger DOL Form 5500 · updated monthly

Barrett Business Services, Inc.401(k)

BARRETT BUSINESS SERVICES, INC. RETIREMENT SAVINGS PLAN · VANCOUVER, WA · plan year 2024

Reported admin expense ratio · 2024
0.47%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Barrett Business Services, Inc. reported $1,061,682 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~90% of peers. Employer contributions averaged $245 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.47%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 81st-largest of 1,714 plans among Washington employers on file, and the 44th of 2,096 in real estate & leasing. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has grown from 36,724 to 51,743 since 2022.

Plan summary
Net assets, end of year$260,753,351
Participants with balances8,669
Active participants51,743
Employer contributions$12,657,869
Employee contributions$30,086,920
Employer contribution per active participant$245
Average account balance$30,079
Benefits paid to participants$23,572,897
Plan auditUnmodified (clean) audit opinion
AuditorPERKINS & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$260.8M · 8,669 accts · $12.7M emplr
2023$194.7M · 5,903 accts · $10.3M emplr
2022$137.6M · 4,026 accts · $9.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$902,828
Investment management$127,500
Trustee / custodial$29,442
Total administrative$1,061,682
The Barrett Business Services, Inc. 401(k) match · 2024
Employer contribution per active participant$245
Median for plans this size$3,635
2024$245 per active participant
2023$223 per active participant
2022$246 per active participant

Barrett Business Services, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
MILLIMAN, INC. · Recordkeeping · Pension consulting$902,828
MORGAN STANLEY SMITH BARNEY · Investment management$127,500
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee (directed)$29,442
CHARLES SCHWAB & CO., INC. · Custodial (securities)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Milliman
2023Milliman

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,061,682 · 0.47%
2023$831,963 · 0.50%
2022$636,682 · 0.44%
Same employer
Similar plansReal Estate & Leasing · Washington
Zillow Group, Inc. WA$849.8M · 0.03%
Redfin Corporation WA$223.2M · 0.20%
AVENUE5 Residential, LLC WA$102.1M · 0.42%
Holland Residential, LLC WA$68.7M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520812977 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.